Why Grantham Says the Next Crash Will Rival 1929, 2000

  Рет қаралды 5,240,321

Bloomberg Television

Bloomberg Television

Күн бұрын

Пікірлер: 10 000
@markets
@markets 3 жыл бұрын
Become a member for just $0.99 a month and receive access to exclusive trivia, news rundowns, charts, videos and other perks. Learn more: kzbin.info/door/IALMKvObZNtJ6AmdCLP7Lgjoin
@soniajacobo380
@soniajacobo380 3 жыл бұрын
I ffeel hit go fhb nkghg Gofffffr
@WyaSlay
@WyaSlay 3 жыл бұрын
no
@chasewilson4773
@chasewilson4773 2 жыл бұрын
You need a huge market crash to force the ppl into the “Great Reset” Just follow the enemy. Follow the Federal Reserve. Always follow the money and the map is exposed.
@ClementRusso2
@ClementRusso2 Жыл бұрын
Recessions are an inherent aspect of the economic cycle, and the key is to get ready and adapt. I entered the workforce during a downturn in 2009. My initial job out of college was as an aerial acrobat on cruise ships. Presently, I hold the position of VP at a global corporation, own three rental properties, invest in stocks and businesses, operate my own company, and have grown my net worth by $500k in the past four years.
@VickyAlvy
@VickyAlvy Жыл бұрын
How can I get in touch with your advisor? I'm interested in finding a more effective investment strategy for my savings.
@watchdog3640
@watchdog3640 3 жыл бұрын
Finally an interviewer who listens and doesn't interrupt without need. Very much appreciated.
@murryfaquar7873
@murryfaquar7873 3 жыл бұрын
Some good questions as well.
@Albimar17
@Albimar17 3 жыл бұрын
- Jeremy, good to see you... - Good to see YOU! I love when he responds to that like A BOSS!
@GetOutSmore
@GetOutSmore 3 жыл бұрын
I thought the same. Great interviewer.
@mscir
@mscir 3 жыл бұрын
Total agreement. Enjoyable and informative. I mean as much as the subject matter would allow. lol
@towTruck42
@towTruck42 3 жыл бұрын
I thought some of his questions were annoying, but it could be that he was deliberately playing the fool so he could talk about some of the issues that are critical right now. Maybe better to suspend the annoying judgment in favor of wondering if I was watching someone who is indeed very skilled?!
@Brandi.Nicole
@Brandi.Nicole 3 жыл бұрын
The interviewer knows when to shut up and listen. 👏 Thank you for not interrupting him.
@chevy4x466
@chevy4x466 3 жыл бұрын
It is the best type of interview style for sure.
@yedeylp
@yedeylp 3 жыл бұрын
he learned that...past interviews were a disaster
@timjoseph887
@timjoseph887 3 жыл бұрын
So if I sell my stocks and put them in bonds will they be safe if the market crashes? If inflation goes way up are both ds more valuable?
@Brandi.Nicole
@Brandi.Nicole 3 жыл бұрын
@@timjoseph887 😳 Are those short term stocks or long term?
@Brandi.Nicole
@Brandi.Nicole 3 жыл бұрын
@@timjoseph887 Your stocks are “usually” long term gain that isn’t too effected by the ups and downs of inflation over a long period. For example, over the last 10 years S&P had about an 8% average return. You won’t build wealth with bonds. I wouldn’t worry too much about the inflation. Our government has a bad habit of throwing out safety nets. Long term I’m sure you will be fine. I would not pull anything from my IRA or 401ks. Too many fees! Let it sit and mature. If, let’s say this is not for wealth building and you’re just putting money aside for a newly born child - bonds would be 👍 excellent. Longer time to produce gains and you don’t have to rely on something like that for retirement. That all being said make sure you are financially “okay” have multiple savings accounts or money market accounts for liquid Incase of emergencies and THEN invest in your 401k and finally stocks or better yet - index funds. Unless you have money 💰 then by all means have a blast because the market is crazy right now and day trader is one fun game to play. (Ps not legal or financial advice - just my opinion)
@susannnico
@susannnico Жыл бұрын
The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
@lailaalfaddil7389
@lailaalfaddil7389 Жыл бұрын
I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks & ROCHELLE DUNGCA-SCHREIBER enough for such an amazing way to make money!
@lailaalfaddil7389
@lailaalfaddil7389 Жыл бұрын
*ROCHELLE DUNGCA-SCHREIBER* she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and she's considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@patriciasimonsen5705
@patriciasimonsen5705 4 жыл бұрын
I am just a layman. I have heard others on KZbin. This economist had an easy way of explaining things; not talking down to a person. I appreciated his presentation as he answered important questions. Thank you.
@avivscrewvalla
@avivscrewvalla 4 жыл бұрын
What did you expect? He's British!
@6789uiop
@6789uiop 4 жыл бұрын
Ray Dalio or Jeremy Grantham, but now Janet Yellen. The margin's positive at least.
@filminginportland1654
@filminginportland1654 4 жыл бұрын
aviva las vegas lol that doesn’t tell you much. There are Brits who can explain things poorly just as there are Americans who can explain things well. Doesn’t by itself tell you anything.
@sammyc7565
@sammyc7565 4 жыл бұрын
Is a layman a man who gets laid?
@richardbradley4777
@richardbradley4777 3 жыл бұрын
Don't be scared to invest, permit me to say if you're scared to invest that means you're scared to make it in the 21th century. Invest and earn good profit from stock and cryptocurrency signals in 7 days of Bitcoin mining. $500 - $5,600 $700 - $7,600 $1000 - $10,600 Join my telegram group to be part of the process to get gains and live freelanced from STOCK & CRYPTO TRADES.👇🏻 t.me/joinchat/pPmvwhhZt0ZlYzdh Telegram +1(917)426-2981
@sunshinesallday
@sunshinesallday 3 жыл бұрын
Great Interviewer... he let the expert finish his sentences without cutting him off. I often wonder what the interviewee was about to say. Thank you ... this man should be the benchmark for how to conduct talk shows.
@altonbay629
@altonbay629 3 жыл бұрын
Sunshinesallday.... Yes! I'm so sick and tired of the interview/interviewee interruption-style with topic changes and incomplete sentences; which makes for a non-informative blather of static. Ugh. ~ This video is one of the most salient presentations I've seen in a long time.
@westaylor-rendal4955
@westaylor-rendal4955 3 жыл бұрын
Interviewers do that when you're saying what they want. I bet if he lauded trump he would get shut down
@intelligentcomputing
@intelligentcomputing 4 жыл бұрын
One of the best interviews I've seen - ever. So clear and articulate without sensationalism - so easy to understand. Thank you both very much.
@shannoninnes3974
@shannoninnes3974 2 жыл бұрын
The current system is completely unsustainable. The only reason it continues 'as if' is lending and debt. Lending for healthcare, for homes, for education, and plain old credit cards. trouble is, when the bottom falls out, the lenders get bailed out and consolidated, and everyone else loses their shirt.
@gagnepaingilly
@gagnepaingilly 2 жыл бұрын
My greatest worry is how do we recover from all these economic and global troubles? Especially with the political power tussle going on in the united states.
@michaelrutjens5616
@michaelrutjens5616 2 жыл бұрын
Every person is affected by this directly or indirectly.
@amandabellz4056
@amandabellz4056 2 жыл бұрын
@@michaelrutjens5616 There are several reasons I have been investing under the counsel of an Advisor which are someone who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals. ''Daina Claire Lougen'' has provided all that and I don’t want to go into ROI on a public space like KZbin.
@michaelrutjens5616
@michaelrutjens5616 2 жыл бұрын
@@amandabellz4056 Working with a pundit to develop a well-structured investing portfolio is a wonderful approach to get started. That's why I've been working on my dealings because most investors enter equities and exit with a rapid 10% to 20% profit, I've learnt to be patient with stocks. They miss out on the massive gains since it trades at a P/E ratio of 40-50. Crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look, thanks a bunch for sharing this Prisha.
@electroniqueradio1991
@electroniqueradio1991 2 жыл бұрын
short the nasdaq … easy bet on market going down just look at SQQQ UVXY YTD … obviously wall street wants us to believe that it “bottomed” out…. well let’s see.. the fed lied about inflation being transitory
@imgone54321
@imgone54321 3 жыл бұрын
This how you do a interview. Best interview that I have heard in a long long time.
@raheelakhtar7
@raheelakhtar7 4 жыл бұрын
I watch these kind of interviews on market perspectives daily and I have to say that this one is right at the top! 38 minutes of engaging content with no time wasted!
@OperatingRoomAid
@OperatingRoomAid 3 жыл бұрын
It is really nice to watch an interview when a speaker is not interrupted and gets his message across.
@Wisdom122
@Wisdom122 3 жыл бұрын
That is so true. It is such a rare thing to see an unbiased interviewer who does not interrupt an interviewee..
@pauleohl
@pauleohl 3 жыл бұрын
Keep min mind that Grantham is talking his book and as of April 12 he has been wrong.
@frankdouglas1562
@frankdouglas1562 3 жыл бұрын
@@Wisdom122 Thanks for the comments, I will refer you to my trade analyst to make more income. go more on digital asset
@dimitrispavlakis2590
@dimitrispavlakis2590 3 жыл бұрын
38 minutes of pure gold, excellent journalist, insightful interviewee, well-thought questions and answers, thank you
@brianmcnellis5512
@brianmcnellis5512 3 жыл бұрын
Gold or the lack there of?
@teslastockspro4741
@teslastockspro4741 3 жыл бұрын
Exactly
@komi_yogi
@komi_yogi 2 жыл бұрын
The bit I didn’t understand is what happens to bonds when the bubble breaks? Will they default ?
@JM0X-007
@JM0X-007 4 жыл бұрын
I like this interviewer, he asks questions like he actually wants to know what the other person has to say instead of strawman arguments and personal biases being in the way.
@MrSilviut
@MrSilviut 4 жыл бұрын
Sometimes I just search Erik Schatzker and watch whatever comes up. Always quality discussion!!
@JM0X-007
@JM0X-007 4 жыл бұрын
@@MrSilviut Ill have to check out some of his other interviews! 👍🏻
@jake4024
@jake4024 4 жыл бұрын
@@MrSilviut agree
@pawlieblog7967
@pawlieblog7967 4 жыл бұрын
“Milton Friedmanism is sociopathic,” is a great quote!
@christopherwillson
@christopherwillson 4 жыл бұрын
Agreed
@Egymedia12
@Egymedia12 4 жыл бұрын
The best value investor interview i have ever watched. Challenging yet not trying to bring down the ideology. The interviewer has done a masterpiece.
@IINVICTA
@IINVICTA 4 жыл бұрын
It is a great interview
@Son37Lumiere
@Son37Lumiere 3 жыл бұрын
This man knows his stuff, one would be wise to listen to what he's saying. Fantastic interview.
@sayedamed1870
@sayedamed1870 3 жыл бұрын
His problem is everyone is gonna die, question is when??
@nickcarducci3413
@nickcarducci3413 2 жыл бұрын
WHY, HE IS A FKN COMMUNIST, BASHES FRIEDMAN, AND PRAISES CHINA FKN JOE BIDEN
@ThorRavnsborg
@ThorRavnsborg 4 жыл бұрын
Jeremy Grantham just won my respect. Not the last time I will spend some time listening to him. Thanks for a faultless interview.
@mforce2
@mforce2 3 жыл бұрын
One of the few honest men I've listened to recently. He's quite open about what he owns and how he's profiting but still says it's overpriced or wrong.
@edb3877
@edb3877 3 жыл бұрын
Agreed. I have been a fan of this gentleman for a long time now and he is definitely one of the sharpest knives in the investing drawer. His calm rational approach to stock investing also engenders confidence among his clients.
@antoniokawarski6111
@antoniokawarski6111 3 жыл бұрын
These "honest men" are honestly clueless, just like the rest of us. Otherwise he wouldn't need to waste time and life making a video about how to make money.
@johnmknox
@johnmknox 3 жыл бұрын
If he held onto something as the price dropped from $130 to $54 should you listen to his advice?
@mforce2
@mforce2 3 жыл бұрын
@@johnmknox Yes I would because nobody can be right about everything all the time. There's reasons to hold on to something even though it's dropping like a stone. For one thing it could be because you're in it really long term so you know that in 10 years is when you want to cash out or you're leaving it to kids or charity. Second is because you don't want to set an example for people who are already panicking and contribute to the major selling in the market.
@kennySg101
@kennySg101 3 жыл бұрын
I really enjoyed the interview. He had sort of explained things in very plain language. The warning is real but no one can predict how the bubble will burst. A trigger I guess that erode the confident of investors and then everyone is getting out. We are in the middle of energy revolution and it is a biggest industry on earth. Energy storage is key in transformation to green. So, quantum scape solid state battery is the future and is extremely huge.
@ferreestudios
@ferreestudios 3 жыл бұрын
I have listened to this Bloomberg KZbin interview in its entirety with Jeremy Grantham, at least six times now, he shares a lifetime of accumulated knowledge and wisdom in a time when we need sound logic and direction desperately. THANK YOU!!!!!!!!! Mr. Grantham.
@iaan81
@iaan81 3 жыл бұрын
This man is a prophet. He has accurately predicted 50 out of 2 last big market crashes.
@Cecilia-ky3uw
@Cecilia-ky3uw 3 жыл бұрын
Does this make sense
@DavidDiMuzio
@DavidDiMuzio 3 жыл бұрын
haha
@jwh2f
@jwh2f 3 жыл бұрын
One of the absolute best interviews I've seen in years. Period.
@nohopeequalsnofear3242
@nohopeequalsnofear3242 3 жыл бұрын
Thats why its viral...3.5 million views
@outbackeddie
@outbackeddie 3 жыл бұрын
The host did a great job with this interview and the guest is brilliant. Watching this interview was a great investment of my personal time.
@darylbcooper5113
@darylbcooper5113 3 жыл бұрын
I said the same thing to my son just now,,,,38 years in finance and i have never saw such a good interview
@cgasucks
@cgasucks 3 жыл бұрын
The best interviewers usually talk very little and let their guests do all the work.
@ReVoltAgefilms
@ReVoltAgefilms 3 жыл бұрын
BTC isn't a stock, it's an asset and a future currency.
@investmentdrone283
@investmentdrone283 3 жыл бұрын
This is one of the best financial videos that I have watched probably in the last 10 years, or ever. Very clear, honest, and no pumping of any particular assets. Thank you Mr. Grantham for sharing your wisdom and thanks Erik for asking the important questions of the day.
@EatMyOats
@EatMyOats 2 жыл бұрын
OMG it's political propaganda to protect the horrible management of the Federal Reserve Board. ERIK its such a Federal Reserve minion. You're just looking for blame in all the wrong places with this guy.
@ladytrader688
@ladytrader688 2 жыл бұрын
April 30, 2022 as I comment. We have been seeing everything he says happening. The Big Stocks are starting to slide too...Netflix, FB, GOOG, AMZN, MSFT, and now APPL is under pressure and starting to slide. We shall see, time will tell, but I am prepared. Excellent interviewer and format, and Mr. Grantham is so clear in his explanations. Thank you for this.
@braden6992
@braden6992 4 жыл бұрын
Now this is a fantastic interview! Great respect to the interviewer both for the questions asked and the ability to listen without interrupting. Just imagine how many times Jim Cramer would have interrupted - probably after the first 10 seconds.
@juanok2775
@juanok2775 3 жыл бұрын
yes! 100x better than cnbc
@fishpole4705
@fishpole4705 3 жыл бұрын
Cramer is a hack
@fedup1940
@fedup1940 3 жыл бұрын
OH NO...Really? Stay away from Cramer...years ago I got burned big time following his advise!
@thewolfdoctor761
@thewolfdoctor761 3 жыл бұрын
@@fedup1940 Didn't Cramer advise in late 2008, near the market bottom, to stay out of the market for the next 10 years?
@pampypants871
@pampypants871 3 жыл бұрын
2 words to change your life. Micheal saylor
@briankraker9118
@briankraker9118 3 жыл бұрын
What a refreshing honest interview. The interviewer and Mr. Grantham are professional, easy to follow and are respectful. The topic they are discussing can be disheartening, but it is nice to know someone is looking out for the retail investors instead of fleecing them of their hard earned labor by misleading the retail investor to go all in and go for broke.
@MrEtronic
@MrEtronic 3 жыл бұрын
How about this perspective, the fed constantly pumping in money is causing these asset managers a great head ache because they need to realocate / de risk the assets by holding more cash because the value of all other assets is going higher . i am just using occam's razor its easier to assume that this dude would take a position of not wanting asset inflation because it makes his fund more risky than assume that this dudes care about retail investors.
@pnphoto
@pnphoto 4 жыл бұрын
finally a nice stocks interview with no "hard-on" enthusiasm about the market, just wisdom...great and true journalism !
@darrelljohnson1319
@darrelljohnson1319 4 жыл бұрын
Bloomberg has lied since daay he oped for corrupt democrat business
@howardhill3395
@howardhill3395 4 жыл бұрын
good questions asked...
@timothysykes8786
@timothysykes8786 3 жыл бұрын
*Write on +1....8....1....6....8....6....6....6....5....8....0 whatsapp*
@marissarissa6492
@marissarissa6492 3 жыл бұрын
Lack of trading discipline is the primary reason for intraday trading losses it is estimated that nearly 80-85% of intraday traders end up losing money in the stock market experiencing loss is also part of the game but that don't mean you should give up.
@wilsonchung5439
@wilsonchung5439 3 жыл бұрын
Tried trading my self but made a lot of loss it hasn't been easy for me since then 😓😢😭😭
@brinarohrman7333
@brinarohrman7333 3 жыл бұрын
Obviously trading in stock's is very volatile and risky to trade that's the reason most investor's trade with a professional broker.
@loueversmann6133
@loueversmann6133 3 жыл бұрын
Experiencing losses is also part of the business but that doesn't mean you should give up.
@skarmosh9835
@skarmosh9835 3 жыл бұрын
I don't know who needs to hear this you've got to stop saving money, invest some part of it if you really want financial freedom.
@olloyyyy1108
@olloyyyy1108 3 жыл бұрын
this is true trading the financial market wasn't easy for me at first with with the help of my stock broker I earn a minimum of $13,600 biweekly per $1kinvestment I make.
@oldeenglish64
@oldeenglish64 4 жыл бұрын
When you can explain something as clear and simple as this guy can, you know he really understands the situation. Good interview.
@evanjameson5437
@evanjameson5437 4 жыл бұрын
amen
@fudgenuggets405
@fudgenuggets405 4 жыл бұрын
@@millionaireretired1991 his fund returned a total of 5.4% to investors last year. Is that good or bad, I don't know?
@sanbruno3606
@sanbruno3606 4 жыл бұрын
PEACE LOVE UNITY PROSPERITY CALM WISDOM HAPPINESS HONESTY
@dustin2215
@dustin2215 4 жыл бұрын
@@millionaireretired1991 yeah and he called the bubble crash in 2000 and again in 2008.
@timothysykes8786
@timothysykes8786 3 жыл бұрын
*Write on +1....8....1....6....8....6....6....6....5....8....0 whatsapp*
@aliasoma
@aliasoma 3 жыл бұрын
This is the kind of financial journalism I can get behind.
@KimNguyen-gi5es
@KimNguyen-gi5es 3 жыл бұрын
8
@RK-bj8ho
@RK-bj8ho 3 жыл бұрын
It just confirms ur bias , so its good ?
@PublicSecretPlan
@PublicSecretPlan 3 жыл бұрын
@@RK-bj8ho it's good because the guest is properly defending his position while also giving reasons as to why he might be wrong. Just seems like ur mad at the interview cause it doesnt confirm your bias
@RADIUMGLASS
@RADIUMGLASS 3 жыл бұрын
I'd rather listen to this man than a so-called expert who got lucky on GME.
@PublicSecretPlan
@PublicSecretPlan 3 жыл бұрын
@@RADIUMGLASS if you watch some of his videos and earlier DD's, you can tell he did a lot of research. Yes, he got lucky that wallstreetbets decided to band together to buy up all the shares. However, the fundamentals were still there for gme to go up
@bastayaporfavor
@bastayaporfavor 3 жыл бұрын
The most articulate and no nonsense piece of economics anywhere on the internet
@scott7521
@scott7521 3 жыл бұрын
I agree wholeheartedly
@bocajet
@bocajet 3 жыл бұрын
He’s called a big crash every year for the last 10 years. Can’t argue with a guy who’s called twenty of the last 2 recessions. Heck of a track record.
@scott7521
@scott7521 3 жыл бұрын
@@bocajet It sure does seem like it's close. Miners sold off and now the tech stocks look like they are getting ready to roll over and Buffett pulled out of some of his Apple position to go into Verizon. Sounds defensive to me. I think the drop is coming soon.
@noex100
@noex100 3 жыл бұрын
@@bocajet Even so, the warning signs this year in particular are damning. I mean, how are stock prices 1.5-2X higher than they were just before the pandemic struck? And for tech stocks, 4-5X higher? That's a bubble, period. The only question is how long until it bursts, and I predict it will pop later this year, maybe July/August.
@manictiger
@manictiger 3 жыл бұрын
And it's also obsolete and designed to keep the lower class out of the equities market while their dollar keeps getting destroyed. The old concept of "what goes up must come down" gets thrown out the window when the USD is being printed endlessly and pumped into the market. Classical economics is obsolete. We're in a new era. We will continue to Elliot wave up, but not because the economy is doing spectacularly well, but because the dollar is continuing to weaken and the market is a way for smart people to tread water while everyone else sinks from the increasingly worthless dollar. I think it's probably been like this for a couple decades already, actually. An ounce of gold is the same ounce of gold from 1994. What changed? The dollar. The market has grown at about the same rate as gold. This suggests that inflation is controlling these asset prices over the long haul and that everything else is just short-term noise.
@user-wt6zf4ek9k
@user-wt6zf4ek9k Жыл бұрын
I feel sad that even though I am investing, I don't have the brain power to dig through how each company is doing, is this a good time to buy stocks or not. my reserve of $450k is still laying waste to inflation and I don't know what to do at this point.. I need solid data on market trajectory..
@oliviaHill-w4e
@oliviaHill-w4e Жыл бұрын
I'll suggest you find a mentor or someone with experience guide you especially in this recession.
@laszlolee
@laszlolee Жыл бұрын
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@laszlolee
@laszlolee Жыл бұрын
Susan Bauer Normansell, my advisor, is a seasoned and knowledgeable expert in the financial market. Her proficiency in portfolio diversity is remarkable, and she is widely recognized as an authority in her field.
@oliviaHill-w4e
@oliviaHill-w4e Жыл бұрын
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume..
@AdamGreene222
@AdamGreene222 Жыл бұрын
Hi Angela. I am no guru, join Brent. However I think the downside potential far outweighs the upside AND when u can collect 5% risk-free in USD Treasuries or bills as you call them, to me seems a no-brainer for maybe a chunk of course, I make an assumption this is your nest egg, bar complete collapse, 5% risk-free sounds pretty good to me.... most stocks yield a lot less and have all the risk that these clowns have procured. Only food for thought.
@wilfmoss5242
@wilfmoss5242 4 жыл бұрын
This was a brilliant interview, thanks to everyone who took part
@yourplumbingpal1225
@yourplumbingpal1225 4 жыл бұрын
Fantastic guest, great interview, surprised I have not come across Jeremy before, thank you for the introduction, common sense and a like minded individual, brilliant reading of what is happening and about to happen. Much appreciated.
@tomalesbay
@tomalesbay 4 жыл бұрын
I'll be listening this guy more and more, moving forward. Great interview, thank you for posting.
@sergeisvets
@sergeisvets 3 жыл бұрын
One of the best market coverage interviews I've ever seen so far! Thanks for publishing !
@drscopeify
@drscopeify Жыл бұрын
Yeah right, no one can tell the future last of which are economist they are always wrong
@richardmadison9670
@richardmadison9670 3 жыл бұрын
I disagree that nobody saw the 2008 real estate burst coming. I saw it when I sold my house in 2004. I mean it was unprecedented that the value of my house doubled in 8 years. And the buyers of my house were given a loan of 105% of the purchase price. Then I read that people had taken out balloon mortgages. Then, I was offered a "no doc" loan to purchase a condo. I mean the red flags were HUGE
@drew6651
@drew6651 3 жыл бұрын
Pull up old issues of "The Economist" they were screaming about the real-estate bust (in 2008) for a year and a half before it happened. I was reading it (had a subscription) but figured they could not let real-estate collapse as it would destroy the economy. Well I was wrong they let it fail
@vanguard1256
@vanguard1256 3 жыл бұрын
What do you think about the housing market today? It’s still going UP with bidding wars...but many homeowners have equity in the houses to offset any possible devaluation? I could be wrong...I’m waiting for the housing price to be somewhat reasonable to buy...if it’d ever come 😅🥺really need some advise to jump into the market.
@richardmadison9670
@richardmadison9670 3 жыл бұрын
@@vanguard1256 Josh,Either interest rates go up crashing the markets to j Clyde the US government debt, or they print even more money that inflation starved you to death (not exaggerating ) Get a professional advise from an expert, my sincere advise.
@richardmadison9670
@richardmadison9670 3 жыл бұрын
@@vanguard1256 I'm not doing referral service sir, but do understand what it means to be a starter. Names like KATHERINE LOUISE HELE, she's very exceptional and also popular within the United State.
@richardmadison9670
@richardmadison9670 3 жыл бұрын
just search the name on web and write her mail.
@JustinMM1985
@JustinMM1985 4 жыл бұрын
There are no rules anymore, there are no limits to what the Fed and Government will do to avoid a recession...
@patsavage1245
@patsavage1245 4 жыл бұрын
@@theviking6052 Check your excess mortality rate for the past year. If your feckin' shares dropped by as much as they have increased, it'd be a total disaster. But then again, that's money.
@MrClownWorld
@MrClownWorld 4 жыл бұрын
@@patsavage1245 “If your shares dropped as much as they increased”. What are you trying to articulate?
@yiszlin
@yiszlin 4 жыл бұрын
Not to avoid a recession. They try to avoid a stock market crash at all cost.
@OM-el6oy
@OM-el6oy 4 жыл бұрын
@jmintube that’s like saying “you don’t die of a heart attack, you die of complications from a heart attack.” Well no shit Sherlock, you die if your heart doesn’t supply your brain with oxygen.
@itdaily22
@itdaily22 4 жыл бұрын
Bubble is eminent... and there’s nothing feds can do to or they will drag the US in the deep seas!!
@maxglendale7614
@maxglendale7614 4 жыл бұрын
This market has punished the savers and rewarded the speculators. Thank you for this interview.
@Sojourner88
@Sojourner88 4 жыл бұрын
The blame for this lays squarely at central banks that have depressed interest rates.
@rrurban
@rrurban 4 жыл бұрын
@@Sojourner88 central banks have been in desperation mode since 2008, and it never ended and nothing got fixed. The only difference is nearly everyone now thinks things are fixed because prices are higher. Now we have a huge debt bubble, zero rates enticing desperate savers to take on more and more risk as a "no brainer" trade, and the Fed trapped by their own desperation. All societies hit this wall at some point and desperate central banks always print as a last resort but they all end the same
@anhiirr
@anhiirr 4 жыл бұрын
@@rrurban "ALL SOCIETIES" lacked a categorical curve ball.....namely bitcoin and how the providing class uses it to launder money while pumping failing stocks/companies shorts etc and so on...........many a thing has changed since "Societies" we now exist in society 2.0 thanks to echelon and misinformation campaigns make no mistake.
@RK-bj8ho
@RK-bj8ho 4 жыл бұрын
How ?? ..... I saved my money in index ETFs they all rewarded me 🤣
@larryjoe1357
@larryjoe1357 4 жыл бұрын
You can add the federal reserve to that statement. The feds. have punished the savers and rewarded the speculators.
@kingstondouglas7102
@kingstondouglas7102 3 жыл бұрын
Many investors keep banging on about an imminent crash while watching opportunities slip off. In my opinion, it will be highly delusional to hold unto your money thinking there will be an apocalyptic market crash. My advice is, Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless. Dont give in to the bullshit of an imminent market crash since it's all bogus hype. The market will exist no matter what happens.
@richaelsophia6871
@richaelsophia6871 3 жыл бұрын
This is true. Forecasts can, at best, give you the slightest idea how the market will fare. It shouldn't be heavily relied upon.
@fernandeskamilla2968
@fernandeskamilla2968 3 жыл бұрын
@rodriguesclaudia5306
@rodriguesclaudia5306 3 жыл бұрын
Agreed, i think the major problem is that many investors tend to pay more attention to the shiniest positions in the market to the cost of proper diversification.
@oliur3913
@oliur3913 3 жыл бұрын
@@fernandeskamilla2968 How are you investing? I have around $145k, only index funds, half in s&p and half in vigax, i need something more aggressive to grow my portfolio, What do you think I should try?
@fernandeskamilla2968
@fernandeskamilla2968 3 жыл бұрын
@@oliur3913 I would advice you to reach out to her. This way you can get strategies designed to address your unique long-term goals and financial dreams. She's quite known and has got a website. So, you can check her out online and subsequently contact her from there.
@wtf_usa5597
@wtf_usa5597 3 жыл бұрын
Mad respect for this guy. Most sense I've heard regarding the markets to date. TY sir !!
@AlJay0032
@AlJay0032 3 жыл бұрын
Yeah, if you ignore his comments on green economy and the last few minutes about more government spending.
@closer20jc
@closer20jc 3 жыл бұрын
@@AlJay0032 lol I was just about to say this. The end made me so uneasy .
@grahamabercromby8505
@grahamabercromby8505 3 жыл бұрын
He’s a clever man in a misguided way. He’s invested in green tech and is pushing it. Great interview and more public spending mmmmmm to late
@martincool7581
@martincool7581 3 жыл бұрын
Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current price of 1 BTC now
@timothysykes8786
@timothysykes8786 3 жыл бұрын
*Write on +1....8....1....6....8....6....6....6....5....8....0 whatsapp*
@hagentritz
@hagentritz 4 жыл бұрын
It’s refreshing to hear from a a person being realistic about the market
@michaeladams8303
@michaeladams8303 4 жыл бұрын
Yes, the market which has no actual moorings to nature that has put a target on our backs. J. Fresco stated that when the Great Depression happened he realized that while masses of people were out of work the factories remained unchanged! This is no different than the present Covid market which has exposed capitalism as simply a convolution of false assignments that extracts, and erodes, wealth as soon as it has been created- all to the benefit of the true masters of the land, not the people who are also there servants.
@michaeladams8303
@michaeladams8303 4 жыл бұрын
@@fossil2516 It doesn't matter how it happened. But if we were truly an intelligent, and insightful, we would have a system based upon an owner-less society where all that we produced would not be restrained by the coercion of consideration. However, most people resonate with the status quo since it has the mechanisms designed to cultivate selfishness as a moral good. We also, would not have to destroy portions of our food supply, in a pandemic, because it's a slave to disconnected market rules which exist to extract wealth for the "gluttony class" not to expand it for labor. Otherwise the US wouldn't be full of dead zones- which is emblematic of systemic disease.
@mmml6499
@mmml6499 4 жыл бұрын
@@michaeladams8303 I hear marxist propaganda.
@michaeladams8303
@michaeladams8303 4 жыл бұрын
@@mmml6499 And I hear a conditioned capitalist response to self-guard against collectivism (socializing) in a system that pretends to be a democracy but promotes alienation, and segregation, in order to ensure dispersed power among the masses. For democracy would be socialistic if were not suppressed by republicanism (not the party) And that's what makes the US different from some other Euro-nations that have some respect for human capital beyond mere slavery without chains. See mm- 3:40 kzbin.info/www/bejne/eJzOlXWPi66GZ6M chomsky.info/notion-of-elite-guardian-class-dates-back-to-founding-of-us/
@nickmhc
@nickmhc 4 жыл бұрын
In a 3-5% inflation environment and more money in existence than ever, what if 20-25 P/E is the new normal? Idk. Been thinking about it though...
@charlesthomas2839
@charlesthomas2839 4 жыл бұрын
Erik is the most adept financial interviewer around.
@6789uiop
@6789uiop 4 жыл бұрын
He interviews like Miles played, know when to lay back, allow space.
@ac4185
@ac4185 4 жыл бұрын
So profound, they is gonna crash. Wow, who knew?
@StephenDoty84
@StephenDoty84 4 жыл бұрын
They should give Howard Stern a chance. He's a master interviewer.
@SHOREHILLEYEWEAR
@SHOREHILLEYEWEAR 4 жыл бұрын
@@StephenDoty84 lol
@SHOREHILLEYEWEAR
@SHOREHILLEYEWEAR 4 жыл бұрын
agreed
@LivingWithGout
@LivingWithGout 3 жыл бұрын
It’s so unnerving to watch this video today, 9 months later, it’s like watching a train wreck happening in slow motion, while being inside of the train.
@gotshot4151
@gotshot4151 3 жыл бұрын
Amen Chalky!
@francisyoung3584
@francisyoung3584 3 жыл бұрын
What I found most interesting is that the interviewer was behaving like an old-time journalist interviewer, asking questions and accepting answers, UNLIKE today, wherein there are NO journalists, only political activists POSING as journalists.
@dustybccryptonews62
@dustybccryptonews62 3 жыл бұрын
+ 4 4 7 4 5 1 2 3 8 6 0 2
@davidkincade7161
@davidkincade7161 3 жыл бұрын
Basically the whole game in most highly priced tech stocks (almost all but the tiny ones) is only slightly better than bitcoin: greater fool theory. Good luck day traders!
@nigelmaund9057
@nigelmaund9057 3 жыл бұрын
Well said and sadly correct!
@thyrassword9698
@thyrassword9698 3 жыл бұрын
@@davidkincade7161 I'm sick of hearing old farts say you can't touch it and its not real. Its a risk treat it accordingly.
@davidkincade7161
@davidkincade7161 3 жыл бұрын
@@thyrassword9698 yes, cultural differences and historical mindsets certainly affect viewpoints. If u were a paperboy as a kid you probably had interest and knew a lot about the coins you were constantly handling and learning about.
@kristjanwashere
@kristjanwashere 3 жыл бұрын
Great job on Erik Schatzker, wish there were more interviewers like him.
@gordongekko3174
@gordongekko3174 3 жыл бұрын
so much for German efficiency
@allenzhang8261
@allenzhang8261 4 жыл бұрын
Hi everyone from 2025, and I wish more people had watched this and took notes. I didn't know Jeremy Grantham until today, but I will never forget him and this interview.
@user-yg4un5jw4s
@user-yg4un5jw4s 3 жыл бұрын
I just want to be here to call out his wrong evaluation of bitcoin :]
@Spark_Iskra_z_Polski
@Spark_Iskra_z_Polski 3 жыл бұрын
@@user-yg4un5jw4s One cannot be wrong about a yet another financial piramid. As much as I hate market propaganda, this man is right. This market hysteria is soon to turn into devastating despair. All his advice is sound, logical and backed up by experience. I am waiting for the bubble to pop any time soon, making my money without leverage and seeing people take unprecedented leveraged risks and later on whining in comments for help. Idiots.
@user-yg4un5jw4s
@user-yg4un5jw4s 3 жыл бұрын
@@Spark_Iskra_z_Polski How long as everyone been saying bitcoin is going to die for now? It's value is not faith. If you think that then educate yourself properly about what bitcoin is and what it offers. Stay away from KZbin hype channels and properly research it. The reason he values it as zero is because he is applying a valuation tool which doesn't apply. Hence why he couldn't value gold with his framework either. That's not logical reasoning.
@whatisahah
@whatisahah 3 жыл бұрын
True story
@attnsofia
@attnsofia 3 жыл бұрын
@@user-yg4un5jw4s I was curious if he’s out of the decentralization innovation loop going on at Etherium as a mere example...
@jamesmattew8436
@jamesmattew8436 3 жыл бұрын
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
@annifred2159
@annifred2159 3 жыл бұрын
I had been living under average financial earnings until i came in contact with a professional broker Debbie investment. Life have been better afterwards.
@jannetjohnson581
@jannetjohnson581 3 жыл бұрын
Since I started trading I keep loosing I almost decided never to trade anymore what should I do now?
@maswelldrake510
@maswelldrake510 3 жыл бұрын
That’s why you need a professional broker that we make trade and much profit for you
@ameliamark4867
@ameliamark4867 3 жыл бұрын
Any kind of trading you wishes to trade requires a trustworthy broker and Debbie’s investment company is available to help you in any kind of trading.
@rosiepatrick2775
@rosiepatrick2775 3 жыл бұрын
I don't know so much about BITCOIN, someone should please explain how to get in touch with this Debbie investment?
@user-dd5kx5md5o
@user-dd5kx5md5o 4 жыл бұрын
Erik is one of the best high-level interviewers in the world. Pay him well Bloomberg.
@monkdigitalmedia8598
@monkdigitalmedia8598 3 жыл бұрын
Brilliant. Over my head, some of the information, but a brilliant piece of work. A nod to the editor, sound technicians and camera crew as well. Direct questions, well-paced, excellent craftsmanship from Mr. Schatzker, clear answers from Mr. Grantham, crisp and technically spot on. Doesn't get any better than that. Would love to see part 2.
@mikkimikki5376
@mikkimikki5376 3 жыл бұрын
Hey MDM That's to OK, I watched it three times and took away a wealth of information each time.
@mariahsmom9457
@mariahsmom9457 2 жыл бұрын
I will havr to watch a few times too. A year later, he was right. It is all happening.
@adamzharringson9884
@adamzharringson9884 3 жыл бұрын
The most important three words in investing is: “I don’t know.” If someone doesn’t say that to you then they are lying.
@alexajeff8662
@alexajeff8662 3 жыл бұрын
The four most dangerous words in investing are: ‘this time it's different.'
@christiannahadamson5618
@christiannahadamson5618 3 жыл бұрын
In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep money.
@debbypugh8359
@debbypugh8359 3 жыл бұрын
I earn $10,789 monthly and I want to engage in another stream of income by investing but I learn the market might crash very soon because China has gained much influence.
@danielowen5066
@danielowen5066 3 жыл бұрын
The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you’re wrong.
@danielowen5066
@danielowen5066 3 жыл бұрын
@@debbypugh8359 Do not get afraid . Keep your mind and seek advice and I can assure you that at the end of it all you will win big.
@rubyquinn2189
@rubyquinn2189 3 жыл бұрын
Many are gambling without even knowing it, going into a financial transaction without a solid investment understanding is gambling. ... Stories about investors who made their fortune through the market are everywhere, so much that we forget that a lot of people have lost their entire wealth.
@milakarens9030
@milakarens9030 3 жыл бұрын
I'm struggling in this market. Stocks that I have traded for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to further tackle this market, any advise would be grateful.
@rubyquinn2189
@rubyquinn2189 3 жыл бұрын
Success requires market knowledge and I made a very good choice adopting a broker Janet Lee Tracy. You can look her up on gōogle to get on her web sįte, she is much disciplined in this approach.
@ryandennis4792
@ryandennis4792 3 жыл бұрын
@@milakarens9030 You need a full trading system & Plan, a Watchlist, position sizing and signals for maximizing gains and minimizing losses, technical analysis alone is not a trading system.
@judithphelps7710
@judithphelps7710 3 жыл бұрын
I just did a gōogle sēarch on Janet Lee Tracy, and her work is quite astonishing I can’t believe she has so much experience, I sent her a messagē using the mäil I found on her wēbsitë
@theoking1712
@theoking1712 3 жыл бұрын
I have been testing the waters in the stock market for about 5months now and I’m finding it hard to push through and make significant profits so I want to employ her aid from now on, please is she readily available?
@sangnguyen-sv2lj
@sangnguyen-sv2lj 3 жыл бұрын
Erik has become one of the best interviews ever since he had the courage to learn from his shortcomings (another great interviewer is Cambone). Keep it up Erik! The guest in the episode is incredibly knowledge and honest. What a lethal combo. I learnt a lot from this single episode.
@adamjustin8730
@adamjustin8730 2 жыл бұрын
What did you learn? Please share in detail.
@Kismetix
@Kismetix 4 жыл бұрын
Man this is an excellent interview. I'm going to have to replay this a couple of times to catch everything Grantham is saying...
@jamescpalmer
@jamescpalmer 3 жыл бұрын
This is a stunning interview beautifully articulated, glad there are others who see through the fog too. We're living in massive, massively fraudulent times, value is utterly misplaced, and loss has been hidden on a scale never before seen. Extraordinary times ahead.
@kennethbrady
@kennethbrady 3 жыл бұрын
Could not agree more.
@harveylin3548
@harveylin3548 3 жыл бұрын
The western world economy basically become a high expenditure, low long term return market. Does that sound any attractive to capital investment?
@chillpillology
@chillpillology 3 жыл бұрын
where is the fraud? Noun: wrongful or criminal deception intended to result in financial or personal gain. Hint: watching faux news and hearing them say it and repeating f it here like some dumb sheeple does not make it so.
@donaldduck830
@donaldduck830 3 жыл бұрын
@@chillpillology Watch the end of the interview. There are tons of people committing fraud by telling the world that "it is getting warmer and the sea will swallow the land" while they buy pretty seafront property. Or the fact that we are told that the unemployment rate is a mere 6% while the soup kitchens and government assistance programs are overwhelmed. It is either or in this case, only one thing told by the msm can be true. You are the sheeple performing doublethink if you think James Palmer is wrong here.
@donaldduck830
@donaldduck830 3 жыл бұрын
@Caller ID Yeah, while knowing nothing about me you know exactly what I believe. To repeat: There are a lot of people who get public funding for "climate research" (aka concocting fantasy) while actual scientists don't. I got a chip on the shoulder for just this and all the mistakes built on that. While I focus on earth science, You may continue talking about aliens.
@addusernamehere
@addusernamehere 3 жыл бұрын
This guy is a GREAT interviewer! Blown away by his skill and maturity.
@kensmechanicalaffair
@kensmechanicalaffair 2 жыл бұрын
I smell condescension from his disposition. Slight smugness, respectful snideness.
@addusernamehere
@addusernamehere 2 жыл бұрын
@@kensmechanicalaffair to each, his own, amigo
@ellenrosegaynor8063
@ellenrosegaynor8063 4 жыл бұрын
The investment side of banking should never have been allowed to combine with the other side. Markets of marketing markets is gambling people's lives.
@backpackingonline
@backpackingonline 4 жыл бұрын
..and the money market, that has been London-HongKong manipulates currencies, exchange and purchasing power.
@wyle569
@wyle569 4 жыл бұрын
Spot on.....
@derekross6649
@derekross6649 4 жыл бұрын
Risk what you can afford to lose.
@charlietuna7545
@charlietuna7545 3 жыл бұрын
I am proud to say that I have listened to this amazing interview start to finish 4 times! Truly a brilliant interview by both gentleman,
@earthgraduate726
@earthgraduate726 3 жыл бұрын
And the bubble is still there !
@randallbunton9400
@randallbunton9400 4 жыл бұрын
The fireplace is a true work of art. One of the best I have ever seen.
@scottw4603
@scottw4603 4 жыл бұрын
Ya, is that a Budda chick?
@learnwealth-marcusrogers9456
@learnwealth-marcusrogers9456 4 жыл бұрын
Awesome! I agree!!
@adamcauble3674
@adamcauble3674 4 жыл бұрын
Right I love that huge stone spanning the opening in the hearth. Epic stonework
@sammyc7565
@sammyc7565 4 жыл бұрын
Looks like it was made from leftover crapola.
@PaulbylPaulbyl
@PaulbylPaulbyl 3 жыл бұрын
Scott W i saw that Budda chick and thought hmmm she ain't sittin the way Budda's usually sit 😂
@Amitkumar-fp9no
@Amitkumar-fp9no 2 жыл бұрын
This video is GOLD 🥇 so easy to understand such complicated subject, thanks
@KristijanJankovic
@KristijanJankovic 4 жыл бұрын
what a pleasure to listen to this wise and smart person, with great sense of responsibility and morality.
@re8618
@re8618 4 жыл бұрын
How do you know anything about his morality? Serious questions.
@KristijanJankovic
@KristijanJankovic 3 жыл бұрын
@Maurice Jenkins II if you are referring to me as mindless, I guess you would have been much happier if I would have talked smack and berated that person. That is something that a mindful person like you would have found much much more pleasing right? It would go along with your mindfulness hahahhhaha
@KristijanJankovic
@KristijanJankovic 3 жыл бұрын
@Maurice Jenkins II it's ok. My comment is just fine. Maybe your reading skills needs some brushing up.
@jojobaggins9224
@jojobaggins9224 3 жыл бұрын
The interviewer is an actual professional journalist, I thought their kind were extinct...
@boggle37
@boggle37 3 жыл бұрын
almost
@vizenberg
@vizenberg 3 жыл бұрын
Presumably, but he forgot to ask many crucial questions, it seems that he goes easy on Grantham
@Oldscale
@Oldscale 3 жыл бұрын
@@vizenberg what else would you have asked?
@vizenberg
@vizenberg 3 жыл бұрын
@@Oldscale Simply put, I'd ask the finance super hero what has changed since 1929, 2000 and 2008
@sithukyaw9019
@sithukyaw9019 3 жыл бұрын
He didn't interrupt the interviewee every 5 sec yet asked key questions.
@mikethepipes
@mikethepipes 4 жыл бұрын
"Shorting is only for a handful of people who really know what they're doing". Boy did he call that one right.
@joshlwilson
@joshlwilson 4 жыл бұрын
I watched a billionaire cry on live TV as he lost 6billion during the interview.
@jemborg
@jemborg 4 жыл бұрын
@@joshlwilson oh nice.
@jemborg
@jemborg 4 жыл бұрын
I was thinking this was rather prescient. We are coming to the REAL crux of the matter... _wage theft._ It's not over taxation, it's the undervaluing and underpaying of people's work. The stimulus was given to the wrong people. The economy's cash is all tied up in speculation and not doing any real work. And yes, wage theft both ideologically and _actual_ is at the highest it's ever been in our history. And who protects us against these abuses?
@jemborg
@jemborg 4 жыл бұрын
Just another thought. Alan Greenspan was a disciple of Ayn Rand... part of her inner collective.
@patricklaureys1249
@patricklaureys1249 4 жыл бұрын
@@joshlwilson Dude, he cried because he CARES, don't you understand? :))
@marcuswalkerjr.2756
@marcuswalkerjr.2756 2 жыл бұрын
IT REQUIRES MONEY TO MAKE MONEY THIS IS THE BEST SECRET I HAVE EVER HEARD WE DON'T MAKE MONEY WE MAKE MULTIPLE MONEY👌
@JoreDEJuan
@JoreDEJuan 2 жыл бұрын
I have secured financial freedom by investing in bonds, equities, EFT's and some digital currencies.
@besttime647
@besttime647 2 жыл бұрын
I wanted to invest more on Digital currency (BITCOIN ) but the fluctuations in BITCOIN. Value discouraged me into dumping.
@Maricel_oronan
@Maricel_oronan 2 жыл бұрын
That's why you need the help of a professional who trade and understand the market more to earn good income. These professionals understand the markets like it's there own farm and makes maximum profits for
@WilliamReynolds887
@WilliamReynolds887 2 жыл бұрын
BITCOIN IS PROFITABLE🤮🤮
@calebmillbrand1176
@calebmillbrand1176 2 жыл бұрын
@@besttime647 I'll recommend Expert mrs pamela Kay Weaver. to you. She's the best ive seen. She trades my fx account and makes me good profits weekly
@toke182
@toke182 3 жыл бұрын
best interview I have seen in a long time, spot on questions and no politics bs. Can't believe this piece of content has been created in 2021
@a.iassistedtrading8004
@a.iassistedtrading8004 3 жыл бұрын
no political bs?? Did you even watch the video? He literally shits on the the Trump administration and closes the interview on inequality.
@Dawgloves
@Dawgloves 3 жыл бұрын
@@a.iassistedtrading8004 AND that green energy should become a virtue lol
@CareyHodsden
@CareyHodsden 3 жыл бұрын
This was the most political investment video I have ever seen. I don't know what video you were watching. Grantham has gone full libtard
@ssiddarth
@ssiddarth 3 жыл бұрын
The way this interview was conducted was simply amazing, highly informative too
@omnichamp3937
@omnichamp3937 3 жыл бұрын
For those complaining about his big payday on QuantumScape while being against SPACs, remember he invested $12 million in QuantumScape seven years prior to the SPAC deal, he did not have a controlling interest in the company to stop the merger.
@adamd6664
@adamd6664 3 жыл бұрын
This was a great interview, although his comparison of bitcoin to gold only serves to support the legitimacy of bitcoin. He thinks very highly of gold and very poorly of bitcoin, and gives the following two reasons: 1. gold is older (this only matters if you believe that new things cannot have value, he doesn't believe that and no one else does) and 2. gold doesn't tarnish or decay (he intends this to be a criticism of bitcoin, but this is one of the primary distinguishing characteristics of bitcoin; it is finite, does not decay, and cannot be printed or mined other than through it's predetermined formula- in this regard it is the same as gold). Everything else he said was great.
@tkendirli
@tkendirli 3 жыл бұрын
One of the most honest interviews I've seen in many years.
@cryptocapitalventure6096
@cryptocapitalventure6096 3 жыл бұрын
THANKS FOR YOUR COMMENT I WILL ADVISE YOU TO GET INTO CRYPTOCURRENCY INVESTMENT WITH THE AID OF MY TRUSTED TRADER DR MARY WALLS ON WHATSAP AND MAKE HUGE PROFITS.
@cryptocapitalventure6096
@cryptocapitalventure6096 3 жыл бұрын
+1 7 3 2 6 5 3 1 1 4 2.
@Arcwol
@Arcwol 4 жыл бұрын
This guy is the real deal. I always love listening to his analysis of market conditions.
@johnr.7906
@johnr.7906 3 жыл бұрын
Wow a great interview with challenging questions and a calm exchange of ideas! Its been years since I've witnessed something like this.... Thank you gentlemen!
@josephhenry2311
@josephhenry2311 3 жыл бұрын
6 months ago I had no idea what Crypto is. Now I have $36,000 in BTC and ETH. I still have no idea what Crypto is. But I have a big hunch. An expert trader is the key when it comes to success in crypto trading
@Henry-bu7nd
@Henry-bu7nd 3 жыл бұрын
HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@deborahjika3134
@deborahjika3134 3 жыл бұрын
@@Henry-bu7nd Nothing is going wrong dear, you're just not experienced enough to trade for yourself That's why l'l advice you to trade with a professional broker that will give you your profit weekly
@Henry-bu7nd
@Henry-bu7nd 3 жыл бұрын
who's your broker and how do l connect
@deborahjika3134
@deborahjika3134 3 жыл бұрын
She's Ms Vivian Mills one of best and trustworthy brokers when it comes to trading bitcoin. She trades, offer mentorship tutorials classes and manage accounts for clients
@gurbachansingh_macrofinance
@gurbachansingh_macrofinance 3 жыл бұрын
That was a great conversation. Frank, spontaneous, courageous, upright, in-depth, clear, ... Thank you
@bettycooker3284
@bettycooker3284 4 жыл бұрын
What is investing? Its not just putting money but the bigger you invest the better, and also remember risk management too.
@lucacorbertta4974
@lucacorbertta4974 4 жыл бұрын
So true, you really have a point there, the bigger the better, and also I think contacting an experienced expert will also be better off, whom do you work with?
@bettycooker3284
@bettycooker3284 4 жыл бұрын
I work wit one of the best, experts in the trading community, you may have heard about him, or even seen testimonies of his good work, I'm talking about no other than Dr Silverster Wilfred, he really has added positively to trading field, so reliable, efficient and honest.
@yvetterachael9211
@yvetterachael9211 4 жыл бұрын
I will like to reach him? and how do managed accounts work, can I be able to monitor the trades?
@thetradingchannel567
@thetradingchannel567 4 жыл бұрын
Never met him in person, but work with him for a month and you'll be able to tell he's a genius and a go setter. Never met a better mentor and philanthropist, more people like Silverster Wilfred Trading would make this world a better place.
@taniacujatar9289
@taniacujatar9289 4 жыл бұрын
Another testimony about Silverster's Wilfred goodwill he has a way of delivering, I just made another £ 9,500 I am reinvesting £ 800 next week this is exciting! I totally agree with you he understands the market movements and knows when exactly to call/put with this, risk rate and loss rate has totally been less.
@Tomherbs
@Tomherbs 4 жыл бұрын
Best real world reality interview I’ve seen in a while
@catsincredulous9998
@catsincredulous9998 4 жыл бұрын
Lol, the guy is peddling the green narrative and you think he has credibility?
@waterwoman901
@waterwoman901 4 жыл бұрын
Jeremy is the coolest finance dude ever, he's actually interesting to listen to!
@ApocDevTeam
@ApocDevTeam 3 жыл бұрын
He forgot to mention that Gold (and Silver) are absolutely essential elements for the semiconductor industry. They will always have significant value because of this, without even factoring in the other reasons he mentioned.
@Fx_-
@Fx_- 3 жыл бұрын
Wrong. They are essential for tech but if you look at how much is actually used worldwide for tech its a tiny tiny market. No where near enough to effect their price the way layman gold and silver bugs want to believe.
@ApocDevTeam
@ApocDevTeam 3 жыл бұрын
@@Fx_- It is impossible to manufacture semiconductors without Gold and Silver, I'm not sure what you're confused about. Semiconductors are the most important technology on the planet, whoever controls its manufacture and design rules over the world. Processors such as CPU's and GPU's all use Gold, not just in their manufacturing process but also in the products themselves. You'd be hard pressed to find a computer without traces of Gold in it. It's only sparsely used in the form of a coating, but absolutely essential. This is why Gold and Silver will always have great industrial value. It's not the quantity used that matters, it's the fact that these are essential ingredients for the most high-tech industries in the world. No Gold/Silver means no computers of any kind. As an example the heart of a computer (CPU) has its contact pins coated in Gold. Same goes for GPU's which power data centers and such. It is also used on the printed circuit boards. High-end circuit boards in super computers use Gold traces and contact pins.
@Fx_-
@Fx_- 3 жыл бұрын
@@ApocDevTeam ok ignorant gold bug... you are missing the part where you check the global supply of gold and silver and then you check the amount of gold and silver used traded for semiconductors.... and then you shit your pants at how tiny that market is. Essential doesn't mean massive price pressures on gold and silver. Its as if your brain had a nervous breakdown when I introduced to you the killer of the gold/silver thesis boomers and naive kids push with only stories and zero quantitative data.
@niemoikein4330
@niemoikein4330 3 жыл бұрын
@@Fx_- how tiny is this market in percentages?
@Fx_-
@Fx_- 3 жыл бұрын
@@niemoikein4330 If I recall correctly semiconductors use 0.75 % of yearly silver output. Also read the following notes: In order to use specific material in semiconductor processing you need the following things: Have right properties for its use. Have processing capabilities. Have reliability properties that match the one of the final product. Be cost attractive. Silver have the right properties for resistance (have lowest bulk resistance - 15.87 nΩ·m) and that’s about it. Copper resistivity is higher (116.78 nΩ·m) by order of magnitude but it posses the other 3 needed properties - known depositions processes, reliability requirements and cost. Keep in mind that when you need to deposit conducting material into 50 nm wide line it requires highly sophisticated processes and equipment. Once that achieved - and it take many year to develop reliable process and equipment - this line need withstand tremendous current density over and over. Here reliability consideration - such as electromigration - are setting the material selection. And Silver is not very good in this.
@JohnDoe-xr5is
@JohnDoe-xr5is 4 жыл бұрын
I was around for the euphoric feeding frenzy of the late 90's. Don't make a product? Don't have earnings? Don't make a profit? It doesn't matter....take my money! This feels the same.
@linmal2242
@linmal2242 4 жыл бұрын
The late 90's? LOL. I was around for the late '70's, and every one thereafter. Well I remember the lessons of same !
@batavusfietsbel
@batavusfietsbel 4 жыл бұрын
The frenzy is insane..... it will pop.. but as long the FED is printing and interest is low..I just ride the wave. The trend is your friend until the end...
@TalentedTenth
@TalentedTenth 4 жыл бұрын
yuuuup
@katharina...
@katharina... 4 жыл бұрын
@@batavusfietsbel Aren't you afraid that you're going to miss "the end" and lose everything? Investors and analysts who have been around for decades, all say that the crash always happens suddenly. One minute you are doing great, and the next minute you have nothing, you've lost everything.
@PatrikKron
@PatrikKron 4 жыл бұрын
@@katharina... What is the alternative? I think that’s the problem, to me there seams to be no alternatives, with interest rates are very low. Maybe gold, maybe cryptocurrencies (although it might as well crash too, impossible to tell I guess).
@XENONEZZ2
@XENONEZZ2 4 жыл бұрын
Thank goodness there are clear thinkers like this around. The only area I don't agree with him is his view on Bitcoin..!!.
@aceofswords1725
@aceofswords1725 3 жыл бұрын
Wouldn't take his investment advice though....
@mjkittredge
@mjkittredge 3 жыл бұрын
What he says at the end is the most important of all. A system, a corporate mindset that they have no responsibility to their workers, to their customers, to their communities or country or the planet, that their only responsibility is to maximize profits... that's beyond sociopathy and it's incredibly corrosive to society and humanity.
@randallgoldapp9510
@randallgoldapp9510 3 жыл бұрын
That is the way they've always been. That is why they are regulated. Not a perfect system, but it mostly works. Nothing in this life is guaranteed.
@badnomad357
@badnomad357 3 жыл бұрын
That is a corruption of the corporation. Imagine how it would work if a CEO was primarily paid in stock that he could only sell off incrementally over many years. Now the management would only be interested in the company long term health.
@MultiHotstuffbaby
@MultiHotstuffbaby 3 жыл бұрын
Yes, absolutely, the last 6 minutes is gold. So pleased that Biden is following the path Grantham prescribes. Spending on infrastructure is investment and will benefit the nation in the medium and longer term. And it just has to be green, there is no other choice. Finally. It will also provide jobs for a lot of people whose industries have gone under. And that is what Biden is also saying and doing. Interesting what Grantham says about Milton Friedman. Brutalist capitalism. Also, that monetary policy rather than fiscal serves to inflate assets and locks out the majority from stocks and real estate. Such a salient point. Let’s see how the US looks in 4 years under the Biden administration. Not wanting to be political, it’s simply that Biden seems to be carrying out policies which this wise and experienced man recommends as the way to reduce inequality.
@randallgoldapp9510
@randallgoldapp9510 3 жыл бұрын
Exactly what is 'infrastructure '? And how much of this money will make it to 'infrastructure '? If the past is any indication, not much. Most of it will be wasted. As for corporations, they better pay attention to their employees and customers if they want to stay in business. But also keep in mind that capital goes to where it can get the best deal. Corporations are not in the business of charity. As for raising taxes. That will result in less revenue by damping economic activity. The whole 'infrastructure' thing is a giant fraud.
@luisgustavoviolilatam4338
@luisgustavoviolilatam4338 3 жыл бұрын
@@MultiHotstuffbaby hahahaha in 4 years you will regret biden's decisions.....
@antuliolopez3222
@antuliolopez3222 3 жыл бұрын
Best interview ever, on the financial front. The man has a true North Star.
@cocobrown7
@cocobrown7 4 жыл бұрын
History always repeats it self .... straight gems he dropped on this interview.... going to do more research on past events on the stock market
@TalentedTenth
@TalentedTenth 4 жыл бұрын
macrotrends.com has good historical data
@greddabrumell7035
@greddabrumell7035 4 жыл бұрын
best eating the flow of dividends
@jamesrawlings5781
@jamesrawlings5781 4 жыл бұрын
Richard Vague's A Brief History of Doom is very revealing, too.
@KevinHackett
@KevinHackett 4 жыл бұрын
Cool story bro
@richardbradley4777
@richardbradley4777 3 жыл бұрын
Don't be scared to invest, permit me to say if you're scared to invest that means you're scared to make it in the 21th century. Invest and earn good profit from stock and cryptocurrency signals in 7 days of Bitcoin mining. $500 - $5,600 $700 - $7,600 $1000 - $10,600 Join my telegram group to be part of the process to get gains and live freelanced from STOCK & CRYPTO TRADES.👇🏻 t.me/joinchat/pPmvwhhZt0ZlYzdh Telegram +1(917)426-2981
@martinpetersen3187
@martinpetersen3187 3 жыл бұрын
Best interview I have seen in a very long time.
@LetstalkaboutMulla
@LetstalkaboutMulla 3 жыл бұрын
Ladies and gents, avoid buying stocks on margin.
@chevy4x466
@chevy4x466 3 жыл бұрын
The idea of borrowing money to invest for the future is foolish. A lot of Robinhood people will get hurt.
@honestbajan6877
@honestbajan6877 3 жыл бұрын
@@chevy4x466 it depends. Renewable energy will do well!
@chevy4x466
@chevy4x466 3 жыл бұрын
@@VasuJaganath I agree. There is a time a place for leverage
@roopinderpalsinghrandhawa9846
@roopinderpalsinghrandhawa9846 3 жыл бұрын
The real hurt happens when STOCKS are using 100% margin. 100% Cash and maybe supplimental 10-15% margin is very OK. It is meant to be a cushion. People using it like a bed.
@roopinderpalsinghrandhawa9846
@roopinderpalsinghrandhawa9846 3 жыл бұрын
@@VasuJaganath Exactly. Judiciously, Not a 100% :D
@Physicsnerd1
@Physicsnerd1 3 жыл бұрын
Few people are both smart and moral. Jeremy Grantham is of the few. It is a pleasure to listen, when one speaks. Thank you.
@adamjustin8730
@adamjustin8730 2 жыл бұрын
How could you possibly know his level of morality based on a television interview. How can you know a person as moral if they are a complete stranger. Thats absurd
@AskJonJong
@AskJonJong 4 жыл бұрын
one of the best financial interviews in a while... thank you
@daves-selfie-wilderness-raves
@daves-selfie-wilderness-raves 4 жыл бұрын
Jeremy makes great sense, and will soon be proven right. One thing we learn from history is that we don't learn from history.
@gt0703
@gt0703 4 жыл бұрын
If they create a lot of inflation the market doesn't have to crash and the national debt can be paid back. Expect inflation.
@VoltageLP
@VoltageLP 4 жыл бұрын
Jeremy does make great sense, problem is the market itself and the general public that now has access to Bitcoins the market via Robinhood does not make sense
@VoltageLP
@VoltageLP 3 жыл бұрын
@Martin Lawerence 😂😂😂
@VoltageLP
@VoltageLP 3 жыл бұрын
@Martin Lawerence simple truth is you can't "invest" into a speculative asset 😂 GME was the latest example, but there's plenty of people who don't want (or are simply unable to) think, it's easier for them to paint a story like the one you believe in =) And I have nothing against speculation, as long as people know what they're doing and don't lie to themselves
@80sruler
@80sruler 3 жыл бұрын
Erik is always a great interviewer - thoughtful questions, let’s the guest speak
@fin-trainicaafinanceinvest5366
@fin-trainicaafinanceinvest5366 3 жыл бұрын
One of the most sensible interviews I have come across, ever! Thanks for the wonderful insights
@alexheimler6196
@alexheimler6196 3 жыл бұрын
T
@alexheimler6196
@alexheimler6196 3 жыл бұрын
kzbin.info/www/bejne/sGPIlJSYa911mZI
@alexheimler6196
@alexheimler6196 3 жыл бұрын
D
@pps1223
@pps1223 4 жыл бұрын
Thank you Erik and Bloomberg for sharing this 🙏🏻
@mercs2547
@mercs2547 3 жыл бұрын
Amazing interview with a brilliant man. Excellent restraint shown by the interviewer by not interrupting
@jimgordon6629
@jimgordon6629 3 жыл бұрын
Great thinker except for his sad faith in Biden
@getmartincarter
@getmartincarter 4 жыл бұрын
This gentleman speaks with the wisdom of the ages . The Low growth stocks in the emerging markets , cash and gold bullion are the defensive items to own after the bubble .
@mark.a.winter
@mark.a.winter 4 жыл бұрын
And Bitcoin
@lewis809
@lewis809 3 жыл бұрын
What about negative interest rates?
@yovannaanthony8842
@yovannaanthony8842 3 жыл бұрын
My marriage of 23yrs is about to crash. I am so much depressed right now and wish I never used the money I and my husband have been saving to buy our first family home. I used the money to trade in the market and everything is gone. Now he wants to divorce me. I love my husband so much and I don't want him to leave me. I feel like killing myself right now 😭😭😭
@hugocamp2516
@hugocamp2516 3 жыл бұрын
Oh my God! My heart is really broken reading this. I can imagine what you are passing through but please don't commit suicide. Everything will be alright.
@kristinabergen276
@kristinabergen276 3 жыл бұрын
I feel so terrible about what you are going through. There's a solution to this. And the solution is to get back the money. I will advice you look for a reliable professional trader that will trade for you and help you recover your losses. You can beg your husband to give you some time to raise the money
@kristinabergen276
@kristinabergen276 3 жыл бұрын
I'd be willing to give you the email address of the trader who trades for me. I started last 6 months with him and I have made over $220k through him. I started with $5k
@dominickurtis5830
@dominickurtis5830 3 жыл бұрын
@@kristinabergen276 I am also having the same problem. I have lost all my money trading. Please help with the contact of your trader and God will bless you. I have suffered a lot of losses
@kristinabergen276
@kristinabergen276 3 жыл бұрын
@@dominickurtis5830 J c o l e m a n t r a d e r
@jkraft2652
@jkraft2652 3 жыл бұрын
Remember: "If you don't know who you are... the stock market is a bad place to find out"
@jaimegarcia8447
@jaimegarcia8447 3 жыл бұрын
@volks coin lol
@michaelhaydenbell
@michaelhaydenbell 3 жыл бұрын
@volks coin LOL what is wrong with yall clowns??
@fondombang
@fondombang 4 жыл бұрын
From Ukraine with love :) Thanks for such usefull information - it's like a breath of fresh wind in endless desert of gambling
@big1dog23
@big1dog23 4 жыл бұрын
Mr. Grantham is wise beyond his years, and he aint that young any more.
@prestonvanhorn6248
@prestonvanhorn6248 2 жыл бұрын
I’m back! Just wanted to restate how amazing this interview was and how accurate his call was. His follow up interview this year 2022 was right on the money too. These interviews allowed me to survive this market and so much more, Grantham is my personal hero 😊
@jaychoi2086
@jaychoi2086 2 жыл бұрын
lol xd
@johnvoluntaryist287
@johnvoluntaryist287 3 жыл бұрын
Ultimately, don’t play with money that you don’t actually have. Fault is on the hedge funds and our national fiat currency.
@AM-fh7ek
@AM-fh7ek 3 жыл бұрын
Hedge funds are the reason US is 27+ Trillions in national debt?
@gurudutt9566
@gurudutt9566 3 жыл бұрын
Great interview.Brilliant man.Honest observation worthy of serious action, decision and precaution.His diagnosis seems very logical.I am convinced that the manic nature of the market is reaching its climax and end is near.My gut feeling points that bubble explosion may coincide with the next stimulus..
@Rahulvaday
@Rahulvaday 4 жыл бұрын
Great interview both the anchor and Jeremy kept me on till end.
@janschwieterman7748
@janschwieterman7748 4 жыл бұрын
Thank god for Ethereum and Bitcoin... Ill be glad when the boomers are dead and we can clean up their mess using crypto currency. Only the low IQ buy stonks...
@prestonvanhorn6248
@prestonvanhorn6248 3 жыл бұрын
This is my favorite video of the year, Grantham didn’t get the timing quite right on the crash but he got everything else right. The craziest parts of the equity and crypto markets have crashed from their peaks. The broader markets are increasingly being held up by fewer and fewer stocks/crypto’s as they scale new all time highs. Phase one of the crash is over and now we move into phase two. The names that have crashed will remain excellent trades, especially for options, up or down. The titans can try to carry the markets by ignoring reality, but now they have the most ridiculous valuations on a relative basis. My expectation and trading position assumes that over the next few months they will start to fall.
Michael Lewis: Nobody Understands the Stock Market
13:20
Bloomberg Originals
Рет қаралды 911 М.
Мясо вегана? 🧐 @Whatthefshow
01:01
История одного вокалиста
Рет қаралды 7 МЛН
99.9% IMPOSSIBLE
00:24
STORROR
Рет қаралды 31 МЛН
黑天使只对C罗有感觉#short #angel #clown
00:39
Super Beauty team
Рет қаралды 36 МЛН
Jeremy Grantham's Market Meat-Grinder | What Goes Up
47:18
Bloomberg Podcasts
Рет қаралды 16 М.
Ray Dalio on economic forces, division and the future
26:57
The National News
Рет қаралды 135 М.
GMO's Jeremy Grantham | Investing Legend Interview
1:21:47
The Investor's Podcast Network
Рет қаралды 185 М.
The Day Oil Went Negative, These Unlikely Traders Made $660M
14:01
Bloomberg Originals
Рет қаралды 2,7 МЛН
But how does bitcoin actually work?
25:16
3Blue1Brown
Рет қаралды 16 МЛН
Henrik Zeberg On U.S. Markets - It's Going To Get Ugly
48:20
Jimmy Connor
Рет қаралды 180 М.
How Biden's Inflation Reduction Act changed the world | FT Film
27:41
Financial Times
Рет қаралды 1,7 МЛН
Peter Thiel: The Stagnation of Science and the AI Revolution
1:01:16
World of DaaS with Auren Hoffman
Рет қаралды 130 М.
Мясо вегана? 🧐 @Whatthefshow
01:01
История одного вокалиста
Рет қаралды 7 МЛН